The performance of M&M is expected to remain quite good as passenger vehicle (PV) and farm equipment of Mahindra and Mahindra (M&M) has shown excellent numbers, said SP Tulsian, stock market guru.

SP Tulsian said, “BHEL numbers has to be examined in detail, there is no point in taking though the market has received it quite well but I won’t be taking the numbers as quite good.”

On a relative basis, Bank of India is his preferred pick along with State Bank of India and Canara Bank among PSU Banks.